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Not so much the year that was, but the year that is to come

Published on 8th January, 2013

The Mayans caused a stir with their prediction for 2012, and some people were convinced that the world was going to end. Thankfully, it did not, but the Portuguese people feel that their year was still as tormented. Thousands of families across Portugal are hoping that 2013 will be better for them financially, but for many there is little hope of improvement.

As the New Year begins hopes are fading that 2013 will be any different than other years and that financially things will continue to be a struggle. Financial history appears to be repeating continuously, and regardless of how hard the Portuguese people try, they cannot pull out of the rut that they find themselves within.

This time a year ago, the newspapers in Portugal looked back on 2011, and recalled that the experts were predicting that things could only get better. Lisbon was being praised for their toughest challenge yet, which was coping with the financial pressure they were under.

Everyone around the world was praising Portugal for surviving, and there was a moment when the country felt they were doing an excellent job. However, the experts were well aware that the country was continuing to struggle and that they were sinking further into debt.

In typical European style, the prime minister of Portugal, Pedro Passos Coelho stated that they were to look to the future with hope, and praised his country for being courageous. Unfortunately, a year later the tax payers continue to suffer, and the government cannot keep the accounts under control.

Many people including the opposition party feel that the prime minister has failed the people and that he talks a huge amount without any real effort of changing what has gone wrong. There is no point in declaring what you intend to change if you make no effort to take these steps and change the issues.

The prime minister has failed on several occasions to deliver what he has promised, which has caused issues. However, he remains optimistic that Portugal will continue to emerge stronger than ever before and that the country can pull through the crisis. These words have very little effect though as unemployment continues to rise, and the recession looks to be continuing through 2013.

There may be issues in Portugal, however, the country remains strong and has coped far better than other countries that have suffered through the crisis. Hopefully the amount of sacrifices that the Portuguese people have endured will pay off as they rebuild their lives. If 2013 is another tough year, it is hoped that Portugal will rise from the ashes and become stronger than ever before.

http://www.portugalproperty.com - property in Portugal with Portugal's largest real estate agency - If you love Portugal you will love Portugal Property. Contact the team via email at: info@portugalproperty.com or call free now on +44 (0) 800 014 8201

Published in: Portuguese Life